8. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Accumulated other comprehensive income (loss) included in our condensed consolidated balance sheets and condensed consolidated statements of changes in stockholders' equity consists of the following components (in millions): | | | | | | | | | | | | | | | | | | | Foreign currency translation adjustments | Foreign other post-employment benefits adjustments | Net unrealized holding gains (losses) on available-for-sale investments | Net unrealized holding gains (losses) on cash flow hedge | Total accumulated other comprehensive income (loss) | | Balances as of December 31, 2025 | $ | (206.5) | | $ | 5.6 | | $ | 11.7 | | $ | 0.1 | | $ | (189.1) | | | Other comprehensive income (loss), before reclassifications | (73.9) | | (0.2) | | (10.9) | | 1.3 | | (83.7) | | | Amounts reclassified from accumulated other comprehensive income (loss) | — | | (0.5) | | (0.9) | | — | | (1.4) | | | Income tax effects | 0.2 | | — | | 2.7 | | — | | 2.9 | | | Other comprehensive income (loss), net of income taxes | (73.7) | | (0.7) | | (9.1) | | 1.3 | | (82.2) | | | Balances as of June 30, 2026 | $ | (280.2) | | $ | 4.9 | | $ | 2.6 | | $ | 1.4 | | $ | (271.3) | |
| | | | | | | | | | | | | | | | Foreign currency translation adjustments | Foreign other post-employment benefits adjustments | Net unrealized holding gains (losses) on available-for-sale investments | Total accumulated other comprehensive income (loss) | | Balances as of December 31, 2024 | $ | (540.4) | | $ | (1.8) | | $ | 4.0 | | $ | (538.2) | | | Other comprehensive income (loss), before reclassifications | 379.4 | | — | | 9.9 | | 389.3 | | | Amounts reclassified from accumulated other comprehensive income (loss) | — | | (0.3) | | (1.4) | | (1.7) | | | Income tax effects | (1.3) | | (0.2) | | (2.0) | | (3.5) | | | Other comprehensive income (loss), net of income taxes | 378.1 | | (0.5) | | 6.5 | | 384.1 | | | Balances as of June 30, 2025 | $ | (162.3) | | $ | (2.3) | | $ | 10.5 | | $ | (154.1) | |
All amounts reclassified out of accumulated other comprehensive income (loss) were reclassified into Other income, net in the condensed consolidated statements of income (loss). Reclassification adjustments are calculated using the specific identification method.
The impact to income (loss) before income taxes for amounts reclassified out of accumulated other comprehensive income (loss) into Other income, net in the condensed consolidated statements of income (loss) were as follows (in millions):
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